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MiMedx Shows Market Leadership With Jump To 84 RS Rating

A list of stock prices rising and declining in value
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When putting together your watch list, look for stocks with an 80 or higher RS Rating . MiMedx ( MDXG ) just cleared that benchmark with an upgrade from 80 to 84.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they begin their biggest price moves.

See How IBD Helps You Make More Money In Stocks

While now is not an ideal time to invest, see if the stock manages to offer and clear an appropriate buy point.

The company reported 33% EPS growth in its most recent report, while sales growth came in at 31%.

The company earns the No. 7 rank among its peers in the Medical-Products industry group. Align Technology ( ALGN ), Abiomed ( ABMD ) and Inogen ( INGN ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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